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Durables-Cons. Products-Industry-The Economic Times



The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Tue, 27 Sep 2016 22:57:59 GMT

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Godrej Appliances eyes Rs 4,000 crore revenue in FY17

Sun, 18 Sep 2016 06:50:08 GMT

(image) It has 6 per cent market share each in ACs and microwaves. The AC industry is estimated to be at Rs 10,500 crore, while the microwave market size is estimated to be Rs 900 crore.



International suitors line up for stake buy in Llyod Electric's consumer durable arm

Fri, 16 Sep 2016 09:38:08 GMT

(image) Lloyd Electric & Engineering had a debt of Rs 879 crores as of FY 2015-16.



India Inc plans Rs 20,000 crore blast this festive season

Wed, 14 Sep 2016 22:41:01 GMT

(image) Consumer durable companies are expected to be among the largest spenders during the festive season, increasing their marketing expenditure by as much as 10 per cent.



Fire breaks out at Maruti Suzuki vendor India Japan Lighting

Wed, 07 Sep 2016 05:03:02 GMT

(image) Initial reports indicate there were no casualties. The fire, workers said, have damaged the assembly line and could impact supplies to Maruti Suzuki.



Warburg Pincus, Bain Capital eye Surya Roshni's lighting business

Wed, 31 Aug 2016 05:34:37 GMT

(image) Investment bank Ambit is advising Surya Roshni on the planned demerger, which it hopes to conclude early next calendar.



Voltas drawing up plans to double profits in four years

Wed, 17 Aug 2016 20:41:22 GMT

(image) Voltas is one of several Tata companies that are said to have sprung into action after Tata Sons Chairman Cyrus Mistry exhorted chief executives of group companies to become “bold” and “agile”.



Louis Vuitton launches made to order shoe services in India

Tue, 16 Aug 2016 10:18:46 GMT

(image) Personalisation is integral to the brand and part of its DNA since 1854, with the first special order of trunks. The brand is also known for its signature monogrammed handbags.



Intex Technologies forays into refrigerator segment

Mon, 08 Aug 2016 10:08:34 GMT

(image) The company has roped in Bollywood actress Madhuri Dixit as its brand ambassador for its range of refrigerators and washing machines, Intex said.



French lighting company Mathieu Lustrerie is banking on the new Indian maharajas

Thu, 04 Aug 2016 08:43:04 GMT

(image) Euromonitor International estimates that the Indian luxury goods market will touch Rs 39,000 crore by 2020 from Rs 16,300 crore in 2015, with an annual growth of 19%.



Godrej aims 23 per cent share in home, office furniture in 2 years

Tue, 02 Aug 2016 12:10:39 GMT

(image) "We are seeing development with many players moving out, creating space for others. This could result in increasing business in organised sector," official said.



Intermatic unit inks pact with AMTL to enter Indian market

Thu, 28 Jul 2016 14:58:48 GMT

(image) AMTL will distribute Grasslin's range of electrical switch products such as time switches, light and temperature control solutions across the country.



Intex appoints Madhuri Dixit as brand ambassador for consumer durable products

Wed, 27 Jul 2016 14:02:20 GMT

(image) The brand has Farhan Akhtar as the national brand ambassador, Sudeep Sanjeev for Karnataka, Mahesh Babu for Andhra Pradesh and Telangana and Suriya for Tamil Nadu.



Jmatek plans to make India its export hub for South East Asia, Africa

Sun, 24 Jul 2016 07:25:41 GMT

(image) "We would invest around Rs 100 crore. This would be for setting up design and development centre and a new production unit," Jmatek MD and CEO Naresh Kumra told PTI.



Khaitan Electricals approaches BIFR to declare as sick unit

Fri, 22 Jul 2016 12:12:46 GMT

(image) On May 28, 2016, Khaitan Electricals had informed that its accumulated losses had exceeded the net worth as on March 31, 2016 and therefore it has become a sick industrial company.



Tax violation case: Toshiba's Japan executives can't be penalised under Customs Act, says Settlement Commission

Sun, 17 Jul 2016 21:17:49 GMT

(image) Toshiba India and its executives in the country also secured partial immunity from prosecution in view of cooperation extended by the company in the investigation.